Bajaj Auto Company Profile: Products, Promoters and Clients
Question 1: What are the products and services of Bajaj Auto ?
Bajaj Auto is a leading manufacturer of two-wheelers and three-wheelers in India and internationally. The company's product lineup includes:
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
- Motorcycles: Bajaj Auto produces a variety of motorcycles catering to different segments such as entry-level, commuter, sports, and super-sports. Key models include the Pulsar, Avenger, Discover, Platina, CT, and Dominar.
- Scooters: The company offers electric scooters under the brand Chetak, which was relaunched as an electric vehicle in 2020.
- Three-Wheelers: Bajaj is the world's largest manufacturer of three-wheelers, producing a range of autorickshaws and goods carriers under the RE and Maxima brands.
- Commercial Vehicles: Bajaj also manufactures commercial vehicles for goods and passenger transport.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
Question 2: Who are the promoters of Bajaj Auto ?
Bajaj Auto is promoted by the Bajaj family, with significant leadership roles held by family members. Key promoters and their roles include:
- Rahul Bajaj: He was the Chairman Emeritus until his passing in 2022. Rahul Bajaj played a crucial role in shaping the company and was a prominent figure in Indian business.
- Niraj Bajaj: Currently serving as the Chairman of Bajaj Auto since May 2021, Niraj Bajaj is one of the promoter-directors of the Bajaj Group. His career spans over 35 years, and he holds positions in various Bajaj Group companies, including Bajaj Holdings & Investment Limited and Bajaj Allianz General Insurance Co. Ltd. He has also been a distinguished sportsperson, receiving the Arjuna Award and the Shiv Chhatrapati Award.
- Rajiv Bajaj: Managing Director of Bajaj Auto, he has been pivotal in the company's strategic decisions and its global expansion efforts.
- Rakesh Sharma: Executive Director, responsible for the overall business strategy and execution.
Also Read: Bondada Engineer Company Profile: Products, Promoters and Clients
Question 3: Who are the clients of Bajaj Auto ?
Bajaj Auto serves a diverse range of clients:
- Individual Consumers: Buyers of two-wheelers and three-wheelers for personal use.
- Corporate Clients: Companies that purchase vehicles for their fleets.
- Export Markets: Customers in over 70 countries across Africa, Asia Pacific, South Asia, Latin America, the Middle East, and Europe.
- Government Agencies: Various governmental bodies and public sector organizations.
- Taxi and Auto-Rickshaw Operators: Especially those utilizing Bajaj's three-wheelers and autorickshaws.
- Partnerships with Other Brands: Collaborations with companies like KTM and formerly with Kawasaki for specific models and market segments.
- Rental Services: Electric scooter rental companies like Yulu, which uses customized electric scooters manufactured by Bajaj.
Also Read: Tata Motors-DVR Company Profile: Products, Promoters and Clients